Opportunity for next week
Not too much setting up for my looking into market opening for next week besides this potential Bullish Cypher @136,13. We are still way off as price has not broken the B leg yet but I always want to be prepared and ahead of the market.
Because of the stop size on this one, I will have to wait for price action tp push a bit lower than D completion to get involved : this might make me miss the trade if price reverse on a dime and pushes up, but it will give me a better risk to reward ratio if I get filled.
Now let's wait and see what will happen. Good luck in the market next week !
Plan your trades and trade your plan !
Because of the stop size on this one, I will have to wait for price action tp push a bit lower than D completion to get involved : this might make me miss the trade if price reverse on a dime and pushes up, but it will give me a better risk to reward ratio if I get filled.
Now let's wait and see what will happen. Good luck in the market next week !
Plan your trades and trade your plan !
Trade geschlossen: Stop wurde erreicht:
-98 pips - Good trade not much else to say